上交所：持续提升上市公司质量 营造中长期资金入市良好生态

Core Viewpoint - The Shanghai Stock Exchange (SSE) aims to enhance the quality of listed companies and create a favorable environment for long-term capital investment, aligning with national strategies for high-quality development [1][2]. Group 1: Quality Improvement Initiatives - SSE is implementing a three-year action plan to improve the quality of listed companies, focusing on establishing a solid foundation for long-term development [1]. - The establishment of the Sci-Tech Innovation Board is a significant reform aimed at enhancing the quality and efficiency of services for technological innovation and new productive forces [1]. Group 2: Financial Product Development - SSE is continuously improving the ETF product spectrum, increasing innovation in low-volatility products, and promoting diversification of investment tools. The scale of ETFs in the Shanghai market has grown from less than 1 trillion yuan in 2020 to over 4 trillion yuan as of September [2]. - SSE is optimizing the market environment for long-term capital investment by enhancing the market-making mechanism and constructing a comprehensive ecosystem from indices to index products and ETF options [2]. Group 3: Institutional Investor Engagement - SSE has conducted over a hundred visits to institutional investors this year and organized a series of long-term investment brand activities to better understand their needs, addressing pain points and enhancing the willingness for long-term capital investment [2].